Trading ideas: Perdana Petroleum, MBSB, ELK-Desa, Teo Seng, Sunway Construction
KUALA LUMPUR: Perdana Petroleum Bhd 
, Malaysia Building Society Bhd (MBSB), ELK-Desa Resources Bhd , Teo Seng Capital Bhd and Sunway Construction Group Bhd (SunCon) are among the stocks to watch, according to JF Apex Research.
Perdana Petroleum has secured a contract worth RM16.195mil from ROC Oil (Sarawak) Sdn Bhd to provide one platform supply vessel and two anchor handling tug supply vessels.
MBSB’s 3QFY18 net profit rose 21.07% year-on-year, mainly due to lower impairment allowances on loans and financing.
ELK-Desa has reported a 44.6% year-on-year hike in its 2QFY19 results thanks to an increase in hire purchase receivables and a significantly lower impairment allowance.
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Related Stocks
| ELKDESA | 1.270 |
| FGV | 1.380 |
| MBSB | 0.785 |
| MYEG | 0.810 |
| PERDANA | 0.325 |
| QL | 6.430 |
| SUNCON | 2.880 |
| SUNWAY-PA | 3.050 |
| TEOSENG | 1.740 |
| UMW | 4.970 |
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